Challenge
Our client, the Japan International Cooperation Agency, wanted to build a country-level microinsurance strategy for Egypt in partnership with the insurance regulator, government ministries, and the insurance industry. They also planned to develop and launch a microinsurance training curriculum for the industry.
Solution
We helped the client develop a roadmap for microinsurance development in Egypt, with an accompanying multi-stakeholder action plan. Next, we developed and implemented a microinsurance diploma program with the main insurance training institution, using a “training of trainers” model.
Results
A country-level working group on microinsurance adopted the strategy and action plan. The insurance regulator issued a directive opening up microinsurance distribution opportunities. Local trainers were empowered to deliver the diploma program, leading to successful graduation of the first cohort of students.
Contact us to learn how we help create successful microinsurance strategies.
